Very interesting (and different) contributions all round. It seems that:

SELECTION methodology will determine expectancy (ave win div./strike rate etc)

STAKING (position sizing) will determine net profit

PSYCHOLOGY will determine the degree of integrity with which SELECTION and STAKING are applied.

Bhagwan

The TRB product is the most impressive system testing tool I have had the good fortune to trial. However, excellence has its price, and the software itself was somewhat difficult to manage for a computer dunce such as myself.

In searching for alternatives I came across http://www.ird.com.au a little while back and was particulary impressed. Wondered if you or anyone else had any experience with this product.

Thanking you in anticipation.

[ This Message was edited by: Dr Pangloss on 2002-10-16 10:11 ]